SWIFT PLANT LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. SWIFT PLANT LIMITED 2017-07-19 → present
2. GO PLANT CONSTRUCTION EQUIPMENT LTD 2013-11-18 → 2017-07-19
3. DAVIDSONS DEVELOPMENTS MIDLANDS LIMITED 2009-10-29 → 2013-11-18
4. DAVIDSONS DEVELOPMENTS LIMITED 2009-03-03 → 2009-10-29

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Company meets its day-to-day working capital requirements through its retained profits and as being part of the Beacon Hill Group 2010 Limited Group which has external bank facilities of £100m which are payable in over 12 months from the date of these financial statements. In assessing the going concern assumption the directors have prepared a trading, cash flow and covenant forecast until September 2026 for the Group, including a downside scenario which reflects lower than expected residential house sales and potential mitigating actions. In all these scenarios, the Group, and therefore. the Company, has sufficient available facilities and headroom in its covenant tests. After making enquiries, the directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore continues to adopt the going concern basis in preparing its financial statements.”

Group structure

1. SWIFT PLANT LIMITED · parent
   1. Albert Henry Interiors Limited 100% · England · Dormant
   2. Albert Henry Plant Limited 100% · England · Dormant
   3. Albert Henry Limited 100% · England · Dormant
   4. Albert Henry Group Limited 100% · England · Dormant
   5. Albert Henry Homes Limited 100% · England · Active

Significant events

• “The other key event in 2024 was that division opened a retail outlet in September 2024. Whilst it is very early days for the business to establish its retail offer, the early indications are that this will deliver a positive result for the division and the company.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -1.1%

  £5,653,000 → £5,591,000

• Cash

  -50.5%

  £780,000 → £386,000

• Net assets

  +4.5%

  £5,222,000 → £5,458,000

• Employees

  -2.5%

  40 → 39

• Operating profit

  +16.5%

  £419,000 → £488,000

• Profit before tax

  +18.2%

  £423,000 → £500,000

• Wages

  -4.9%

  £1,579,000 → £1,502,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers